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Taranis Quantifies Hydrothermal Alteration System at Thor to Improve Targeting for 2025 Deep Exploration Drilling

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Taranis Resources Inc. (TSX.V:TRO, OTCQB:TNREF) has completed a mass-balance alteration study of their 2024 deep drilling program at Thor, SE British Columbia. The study analyzed 252 drill core samples for major elements, trace elements, and rare-earth elements to measure hydrothermal alteration in deeply buried intrusive targets.

The analysis revealed significant findings in the 'Spider Hole' area, where drilling showed mass/volume gains indicating widespread hydrothermal alteration over hundreds of meters. The formations demonstrated an influx of Silica, Sodium, Calcium, Carbonate, and Total Iron, along with elements like arsenic, zinc, gold, and boron.

A key discovery includes a large conductive halo surrounding an intrusive target, measuring 2 km in diameter, identified through an airborne magnetotelluric survey. Drill Hole Thor-242 intersected rocks containing 3-4% graphitic carbon in this area. The company is now focusing on finding a large intrusive-hosted deposit enriched in precious and base metals connected to the Thor epithermal deposit.

Taranis Resources Inc. (TSX.V:TRO, OTCQB:TNREF) ha completato uno studio di alterazione del bilancio di massa del loro programma di perforazione profonda 2024 a Thor, nel sud della Columbia Britannica. Lo studio ha analizzato 252 campioni di carote di perforazione per elementi principali, elementi traccia e elementi delle terre rare per misurare l'alterazione idrotermale in obiettivi intrusivi profondamente sepolti.

L'analisi ha rivelato risultati significativi nell'area 'Spider Hole', dove la perforazione ha mostrato guadagni di massa/volume che indicano un'ampia alterazione idrotermale su centinaia di metri. Le formazioni hanno dimostrato un afflusso di Silice, Sodio, Calcio, Carbonato e Ferro Totale, insieme a elementi come arsenico, zinco, oro e boro.

Una scoperta chiave include un grande alone conduttivo che circonda un obiettivo intrusivo, con un diametro di 2 km, identificato tramite un'indagine magnetotellurica aerea. Il foro di perforazione Thor-242 ha intersecato rocce contenenti il 3-4% di carbonio grafitico in quest'area. L'azienda si sta ora concentrando sulla ricerca di un grande deposito ospitato in intrusivi arricchito in metalli preziosi e di base collegato al deposito epithermale di Thor.

Taranis Resources Inc. (TSX.V:TRO, OTCQB:TNREF) ha completado un estudio de alteración de balance de masa de su programa de perforación profunda 2024 en Thor, en el sureste de Columbia Británica. El estudio analizó 252 muestras de núcleos de perforación para elementos principales, elementos traza y elementos de tierras raras para medir la alteración hidrotermal en objetivos intrusivos profundamente enterrados.

El análisis reveló hallazgos significativos en el área de 'Spider Hole', donde la perforación mostró ganancias de masa/volumen que indican una amplia alteración hidrotermal a lo largo de cientos de metros. Las formaciones demostraron un aflujo de Sílice, Sodio, Calcio, Carbonato y Hierro Total, junto con elementos como arsénico, zinc, oro y boro.

Un descubrimiento clave incluye un gran halo conductivo que rodea un objetivo intrusivo, con un diámetro de 2 km, identificado a través de un estudio magnetotellúrico aéreo. El agujero de perforación Thor-242 intersectó rocas que contenían un 3-4% de carbono grafítico en esta área. La empresa ahora se está enfocando en encontrar un gran depósito intrusivo enriquecido en metales preciosos y básicos conectado al depósito epithermal de Thor.

타라니스 리소스 Inc. (TSX.V:TRO, OTCQB:TNREF)는 브리티시컬럼비아주 남동부의 토르에서 2024년 심층 시추 프로그램의 질량-균형 변화 연구를 완료했습니다. 이 연구는 깊이 묻힌 침입 대상에서의 수열 변화를 측정하기 위해 주요 원소, 미량 원소 및 희토류 원소에 대한 252개의 시추 코어 샘플을 분석했습니다.

분석 결과 '스파이더 홀' 지역에서 중요한 발견이 있었습니다. 시추 결과 질량/부피 증가가 나타나 수백 미터에 걸쳐 광범위한 수열 변화가 있음을 나타냈습니다. 이 형성에서는 실리카, 나트륨, 칼슘, 탄산염 및 총 철의 유입과 함께 비소, 아연, 금 및 붕소와 같은 원소가 나타났습니다.

주요 발견 중 하나는 항공 자기 전도 조사로 확인된 직경 2km의 침입 대상을 둘러싼 큰 전도성 후광입니다. Thor-242 시추 구멍은 이 지역에서 3-4%의 흑연 탄소를 포함한 암석을 교차했습니다. 회사는 이제 토르의 에피열 매장과 연결된 귀금속 및 기초 금속이 풍부한 대형 침입 호스트 매장지를 찾는 데 집중하고 있습니다.

Taranis Resources Inc. (TSX.V:TRO, OTCQB:TNREF) a achevé une étude de modification de bilan de masse de son programme de forage profond 2024 à Thor, dans le sud-est de la Colombie-Britannique. L'étude a analysé 252 échantillons de carottes de forage pour des éléments majeurs, des éléments traces et des éléments des terres rares afin de mesurer l'altération hydrothermale dans des cibles intrusives profondément enfouies.

L'analyse a révélé des résultats significatifs dans la zone 'Spider Hole', où le forage a montré des gains de masse/volume indiquant une altération hydrothermale généralisée sur des centaines de mètres. Les formations ont démontré un afflux de Silice, Sodium, Calcium, Carbonate et Fer Total, ainsi que des éléments tels que l'arsenic, le zinc, l'or et le bore.

Une découverte clé comprend un grand halo conducteur entourant un objectif intrusif, mesurant 2 km de diamètre, identifié grâce à une enquête magnétotellurique aérienne. Le trou de forage Thor-242 a croisé des roches contenant 3-4% de carbone graphitique dans cette zone. L'entreprise se concentre maintenant sur la recherche d'un grand dépôt intrusif enrichi en métaux précieux et de base lié au dépôt épithermal de Thor.

Taranis Resources Inc. (TSX.V:TRO, OTCQB:TNREF) hat eine Massenbilanzveränderungsstudie für ihr Tiefbohrprogramm 2024 in Thor, im Südosten von British Columbia, abgeschlossen. Die Studie analysierte 252 Bohrkernproben auf Hauptbestandteile, Spurenelemente und Seltene Erden, um hydrothermale Veränderungen in tief vergrabenen intrusiven Zielen zu messen.

Die Analyse ergab signifikante Erkenntnisse im Bereich 'Spider Hole', wo die Bohrungen Massen-/Volumenzuwächse zeigten, die auf weit verbreitete hydrothermale Veränderungen über Hunderte von Metern hinweisen. Die Formationen zeigten einen Zustrom von Siliziumdioxid, Natrium, Calcium, Carbonat und Gesamt-Eisen sowie Elemente wie Arsen, Zink, Gold und Bor.

Eine Schlüsselentdeckung umfasst einen großen leitenden Halo, der ein invasives Ziel umgibt und einen Durchmesser von 2 km hat, das durch eine luftgestützte magnetotellurische Untersuchung identifiziert wurde. Das Bohrloch Thor-242 schnitt in diesem Gebiet Gesteine mit 3-4% graphitischem Kohlenstoff. Das Unternehmen konzentriert sich nun darauf, ein großes, in intrusiven Gesteinen beherbergtes Vorkommen zu finden, das mit dem Thor-epithermalen Vorkommen verbunden ist und reich an Edel- und Basismetallen ist.

Positive
  • Discovery of widespread hydrothermal alteration system indicating potential precious and base metals mineralization
  • Identification of large 2km diameter conductive halo suggesting significant intrusive target
  • Successful intersection of rocks with 3-4% graphitic carbon in Thor-242
  • Progressive mass/volume increase with depth showing enrichment in gold, arsenic, zinc and boron
Negative
  • Unable to test Z-900/1300 target in summer 2024
  • Additional permitting required for testing from main access road

Making Every Drill Hole Count!

ESTES PARK, CO / ACCESS Newswire / April 9, 2025 / Taranis Resources Inc. ("Taranis" or the "Company") (TSX.V:TRO)(OTCQB:TNREF) is providing the fourth in a series of updates related to the 2024 deep drilling program at Thor, SE British Columbia. Taranis has finalized a mass-balance alteration study of the drill holes completed in 2024, which intersected the I-1 and I-2 intrusive rocks that contain anomalous gold, zinc, and arsenic. Mass-balance ("Gresen") alteration analysis is a well-known tool in measuring hydrothermal alteration for deeply buried intrusive targets. This method identifies large-scale geochemical changes (mass and volume changes) related to the hydrothermal alteration that accompanies intrusive-related mineral deposits. Using this method, Taranis can minimize future drilling costs by identifying areas of intense hydrothermal alteration. This approach is particularly useful when combined with magnetotelluric surveys that have already identified concealed targets. A 3D block model accompanies this News Release, showing the magnetotelluric model with the mass/volume geochemistry conducted in the 2024 drill holes.

Taranis completed specialized sampling of 252 drill core samples and a number of surface samples. These samples were analyzed for major elements, trace elements and rare-earth elements. At Thor, Light Rare Earth Elements ("LREE") are geochemically immobile, and these were used to construct isocons for each sample that measured the gain/loss of other chemical components in the rock. These were compared with visibly unaltered populations of rock including pelites, greywackes and calc-alkaline intrusive dykes. Mass/volume depletion is diagnostic of ‘leaching' of the original host rock, whereas mass/volume addition is characteristic of deposition in the host rock by hydration, carbonation or the addition of quartz-carbonate veins. At Thor, areas of mass/volume gain are particularly sought after, as an underlying intrusive would have added silica, sodium, carbonate and other chemical components that commonly accompany metals such as gold, silver, zinc, lead and copper. Areas of mass/volume addition are areas which exploration should be directed as these will also have precious and base metal mineralization.

Epithermal Deposit

The epithermal veins at Thor that constitute the current Mineral Resource exhibit mass gains due to the introduction of silica, carbonate and other gangue minerals such as paragonite. Various other economically important sulfides including silver-bearing tetrahedrite, auriferous pyrite, sphalerite and chalcopyrite have also been introduced into the veins with the influx of hydrothermal fluids. From an alteration perspective, the chemical changes associated with these veins are relatively localized. The alteration zones around the epithermal veins show high mass/volume depletions indicating the wall rocks around the veins were leached by the hydrothermal fluids. In these mass/volume depletion zones, there is an increase in carbon (graphite) around the polymetallic veins, and this can be identified by geophysical surveys that measure conductivity.

The "Spider Hole" - Intrusive Rocks, and Widespread Alteration Zonation

The most important part of the alteration study focused over an area where an airborne magnetotelluric survey identified a prospective deeply buried intrusive target. This survey also identified a large conductive halo that surrounds the intrusive target, and it is conductive. Drill Hole Thor-242 intersected some of the rocks associated with this feature and they contain 3-4% graphitic carbon. The circular nature of this feature (North and South Tusks) is shown on the image included in this News Release, and its configuration suggests that it encircles an intrusive body. The wall rocks around the mineralized veins in the epithermal deposit have pronounced mass/volume depletions (80-100%) and very high levels of graphitic carbon. By analogy, the North and South Tusks at Thor are most likely encapsulating the buried I-1 intrusive target. This conductive feature that measures 2 km in diameter is interpreted to be related to a very large, buried feature that was the probable source of hydrothermal fluids at Thor.

It is not uncommon to find intrusive bodies associated with epithermal deposits, and this association forms the basis of the ‘linked epithermal-porphyry model' that originally led to Taranis to explore for the source of the epithermal deposit. The 2024 deep drilling identified many new rock formations that are commonly associated with contact alteration around an intrusive including the I-2 intrusive dyke system, and the I-1 contact-altered rock unit. Drilling was conducted in an area roughly 1 km south and east of the Thor epithermal deposit over a prominent resistivity-high feature called the ‘Spider Hole'. The drill holes in this area show mass/volume gains indicative of widespread hydrothermal alteration over hundreds of meters. The formations show an influx of Silica (SiO2), Sodium (Na2O), Calcium (CaO), Carbonate (CaCO3) and Total Iron (Fe2O3). Other elements added to these rocks by hydrothermal fluids include arsenic, zinc, gold and boron. The most striking aspect of the alteration study at Thor is the progressive mass/volume increase with depth associated with the I-1 and Z-900/1300 targets. In drill core, this is seen as an increase in albite, quartz, grossular-andradite garnet, amphiboles and carbonate. These mass/volume positive areas are also enriched in gold, arsenic, zinc and boron.

Comment

John Gardiner, President and CEO of Taranis comments "The focus of future exploration at Thor is to find a large intrusive-hosted deposit that is enriched in precious and base metals that is connected to the Thor epithermal deposit. Exploration for concealed intrusives is classically done through the use of magnetotelluric surveys. Although we were not able to test the Z-900/1300 target last summer, this target has a geophysical signature that would suggest widespread silicification and albitization. Permitting is in process that will allow it to be tested from the main access road at Thor.

Moving away from the Z-900/1300 and I-1 targets, the metavolcaniclastic and metasedimentary host rocks become increasingly less-altered, and are characterized by neutral or slightly negative mass/gain losses indicative of leaching. This is consistent with a large buried intrusive body where the host rocks distal to the intrusive have been leached and have lost CaCO3, SiO2, CaO and K2O relative to their unaltered equivalents".

Quality Control and Laboratory Methods

All samples for the Thor project were securely delivered to Actlabs in Kamloops, British Columbia.

Analytical work was completed both at the Kamloops and Ancaster, Ontario locations. Actlabs is ISO 17025 accredited. Taranis completed two types of geochemical analysis on the drill core.

Soil Samples were collected in the field using a gas-powered auger, and stored in soil sample bags that were subsequently dried in the field . They were analyzed for 42 elements by 4-Acid Digestion / Inductively Coupled Plasma - Mass Spectrometry ("ICP-MS") and for gold by 30g Fire Assay / Atomic Absorption Spectrophotometry ("AAS").

Visibly (or potentially mineralized sections of core) were systematically sampled after sawing the core in half onsite. Samples were analyzed for 42 elements by 4-Acid Digestion / Inductively Coupled Plasma - Mass Spectrometry ("ICP-MS") and for gold by 30g Fire Assay / Atomic Absorption Spectrophotometry ("AAS"). Where overlimit values were encountered in the analysis of these samples, ore-grade' determinations were made using subsequent ICP analysis and gravimetric methods. As a Quality Control ("QC") measure, Taranis also submitted analytical standards into the sample stream every tenth sample in addition to the laboratory's own quality control methods.

Qualified Person

Exploration activities at Thor were overseen by John Gardiner (P. Geo.), who is a Qualified Person under the meaning of Canadian National Instrument 43-101. John Gardiner is the principal of John J. Gardiner & Associates, LLC which operates in British Columbia under Firm Permit Number 1002256. Mr. Gardiner is the President and CEO of Taranis Resources inc. and has reviewed and approved the comments contained within this News Release. Taranis Resources Inc. regularly engages John J. Gardiner & Associates, LLC to conduct and supervise exploration activities at Thor.

Taranis currently has 100,348,854 shares issued and outstanding (113,827,227 shares on a fully-diluted basis).

TARANIS RESOURCES INC.

Per:

John J. Gardiner (P. Geo.),

President and CEO

For further information contact:

John J. Gardiner

681 Conifer Lane

Estes Park, Colorado 80517

Phone: (303) 716-5922 Cell:

(720) 209-3049

johnjgardiner@earthlink.net

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

This News Release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from expected results.

SOURCE: Taranis Resources Inc.



View the original press release on ACCESS Newswire

FAQ

What did Taranis Resources' 2024 drilling program at Thor reveal about hydrothermal alteration?

The drilling program revealed widespread hydrothermal alteration over hundreds of meters, with mass/volume gains showing influx of Silica, Sodium, Calcium, Carbonate, and Total Iron, plus enrichment in gold, arsenic, zinc, and boron.

What is the significance of the 'Spider Hole' discovery for TNREF investors?

The Spider Hole area shows evidence of a large intrusive-hosted deposit with precious and base metals potential, indicated by significant hydrothermal alteration and a 2km diameter conductive halo.

How many drill core samples were analyzed in Taranis' 2024 Thor project study?

Taranis analyzed 252 drill core samples plus surface samples for major elements, trace elements, and rare-earth elements.

What are the key findings from Thor-242 drill hole for TNREF?

Thor-242 intersected rocks containing 3-4% graphitic carbon, associated with a large conductive feature that suggests presence of a buried intrusive body.
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